Having good credit can open up many financial doors, such as loan acceptance for a new house or low-interest loans and credit cards. However, creditors love to use their three favorite words, “on approved credit.” Meaning, the doors for opportunity are closed unless you have a good credit score. Want to improve your credit score? […]
Should You Take Out a Loan To Consolidate Your Debts?
Sometimes simplicity can be deceiving or perhaps short lived. Keep that in mind when contemplating whether you’ll benefit from a debt consolidation loan or program. Consider debt consoidation the last measure before bankruptcy, liens, wage garnishing, and even foreclosures — all of which put black marks on your credit reports for at least seven years. Why […]
Protect Yourself From Identity Theft After Equifax’s Data Breach
If you’re not worried about identity theft yet, current events might change your mind real quick: About 44% of the U.S. population’s names, social security numbers, credit card account numbers, addresses and deiver’s licenses have entered the hackerverse.
What Credit Score Does Everyone Start With?
Hello, everyone. Good credit is something that everyone strives for. Whether yours is good or bad, you had to start somewhere. Have you ever thought about what credit score everyone starts out with? What is your beginning score? Everyone starts out the same. No one has a credit score at all. Nobody starts out with […]